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    00 Eatonton Hwy Gray, GA 31032

    Sponsored
    For Sale
    $600,000

    Prime Residential Land, 20 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 20.65-acre parcel in Gray, Georgia, presents a unique opportunity to develop a 48-lot residential subdivision. Zoned R-3, the property boasts 80-foot lots with a minimum size of 8,000 square feet, offering ample space for homes. Conveniently located less than a mile from downtown Gray, residents will enjoy easy access to a variety of amenities including grocery stores, restaurants, and shopping. The nearby Morris Bank Recreation Complex, less than three miles away, provides recreational opportunities such as ballfields, batting cages, pickleball courts, and playgrounds. While a preliminary plat has expired, this presents a chance for the buyer to create a tailored subdivision plan. The buyer will be responsible for obtaining a new preliminary plat and sewer capacity letter from the Gray City Council. Situated just 1.5 hours from both Atlanta and Athens, this property offers the best of small-town living with easy access to larger city amenities. The property's APN is J38 00 227, and the asking price is $600,000. This is an ideal investment for developers seeking a prime location for a thriving residential community. The address is 00 Eatonton Hwy, Gray, GA 31032.

    Property Features for 00 Eatonton Hwy

    General Information

    Property type
    Land
    Lot Size
    899,514 SF

    HighLights

    • 20.65‑acre residential development site in Gray, GA.
    • Proposed 48‑lot subdivision with 80‑foot lots.
    • Minimum lot size of 8,000 square feet.
    • Located in Gray, GA, less than one mile from downtown amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gray
    County
    Jones
    State
    Georgia
    Longitude
    -83.530971
    Latitude
    33.019643

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    FAQs

    What type of property is this?
    Land - Prime Residential Land, 20 Acres
    Where is this land located?
    The property is located at 00 Eatonton Hwy Gray, GA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 20.65-acre residential development site in Gray, GA.; Proposed 48-lot subdivision with 80-foot lots.; Minimum lot size of 8,000 square feet.
    (678) 859-6110
    Request Owner's contact information
    00 Eatonton Hwy Gray, GA 31032
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    Gray, GA 31032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Eatonton Hwy Gray, GA 31032
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